Riyadh- and London-based AI startup Intelmatix raised a $20M Series A led by Shorooq Partners, the largest Series A investment for an AI firm in the MENA region (Nicolas Parasie/Bloomberg)

Nicolas Parasie / Bloomberg:
Riyadh- and London-based AI startup Intelmatix raised a $20M Series A led by Shorooq Partners, the largest Series A investment for an AI firm in the MENA region  —  - Shorooq is leading $20 million financing round for Intelmatix  — Firm, founded in Boston, has operations in Riyadh and London

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